Latest / The SmallBizChat with Melinda Emerson / How to Grow Your Business Leadership with Molly Gimmel
Transcript
- 0:00And one of the mindsets that in here is developing a growth mindset.
- 0:04I think it's really important to always wanna be learning new things, always trying to be
- 0:09improving your self and growing as a person and as a leader.
- 0:13And so I think it's really important to take workshops, read books, identify those areas
- 0:19that maybe you're a little bit more a little weaker in and, you know, try to improve
- 0:24yourself.
- 0:253, 2, 1, 0, ignition.
- 0:32Alright.
- 0:34Ending small business failure.
- 0:36Welcome to the Small Biz chat podcast with a number 1 small business expert Melinda Emerson.
- 0:43Melinda's goal is to end small business failure, and she'll give you the information
- 0:47you need to succeed and live the life you dream of.
- 0:50Now here's the small biz lady herself.
- 0:54Melinda Emerson.
- 0:57Hi, everybody.
- 0:58I'm Melinda Emerson.
- 0:59Small biz lady.
- 1:00America's number one small business expert, and I am proud to welcome you tonight to small biz
- 1:07chat podcasts, and I am so excited to be here with you tonight.
- 1:12We have an amazing show in store.
- 1:15Now here on the small mishap podcast, we talk about how to start and grow successful small
- 1:20businesses.
- 1:20And my guests have amazing insight to share.
- 1:24And you're gonna get sage advice from multiple perspectives is a peer to peer interview show
- 1:29that gives small business owners a way to get invaluable business advice and our mission is
- 1:34to end small business failure.
- 1:36So now let me introduce my guest.
- 1:39She's a highly respected entrepreneur speaker advocate and author of the new book, Master
- 1:45Your Mindset, how women leaders step up as ex chief executive officer of designed to deliver,
- 1:52she provides program management, support services to federal government agency.
- 1:57In 2021, she founded Bellamo Leadership Institute to help women become better leaders.
- 2:04She served on the board of an Board of Directors for the National Associates of Human
- 2:08Business owners.
- 2:09And she also serves as a delegate to the United States on w 20, the G Twenty's working group on
- 2:16women issues and is a member of the advisory board of George Mason University's women in
- 2:21business edition.
- 2:22For more information, go to mollygimmel.com.
- 2:25Molly, welcome to the small fish chat podcast.
- 2:28Thank you for having me.
- 2:31Alright.
- 2:31So tell me about your business.
- 2:34Tell me how you became so wise about, you know, women's business leadership and what we all
- 2:39need to do to be better?
- 2:41Well, I founded my business.
- 2:44I co founded my business, I should say, designed to delivery in 2001.
- 2:49After spending 10 years working for several of the large government contracting consulting
- 2:54firms.
- 2:55And when I first started the business, when my business partner and I Diana, we were similar
- 3:02to what Serena does, actually.
- 3:04We were consulting firm helping small businesses to do government contracting.
- 3:08But after a few years of that, we decided to pivot and start bidding on contracts for
- 3:13ourselves.
- 3:13And unfortunately, we did have to write proposals but it became very lucrative because
- 3:19we won several large contracts and grew very fast and As part of that, I joined Nava, the
- 3:26National Association of Women Business Owners, because I had never owned a business before,
- 3:30and I wanted to get that education around being a better business owner and was very active
- 3:36here in the local I'm in the DC area.
- 3:38I was very active here in the local and then decided to get involved at the national level,
- 3:43served on several national committees then on the national board.
- 3:47And so that really what sparked my interest in leadership and helping women become more
- 3:51effective leaders.
- 3:52What what was it like for you to run a business that was growing that fast?
- 3:57It was a little crazy.
- 3:59We went from 20 employees to about 80 in about 3 years.
- 4:05And it was it was crazy.
- 4:06It was a lot of scrambling and juggling and, keeping balls in the air and trying to hire us
- 4:13ton of people all at the same time.
- 4:14Unfortunately with government contracts, a lot of the time when you win them, you just hire
- 4:18all the people that the former contractor employed.
- 4:21And that was the case on some of our contracts, but there were others that we had to go out and
- 4:25hire.
- 4:26And so when we got to about 45, 50 employees, then we were like, we really need an HR
- 4:32manager.
- 4:32So you had to bring in an HR manager to help manage the the people and deal with all the
- 4:37benefits and stuff.
- 4:39And, so, you know, it was a little crazy, but but fun and exciting at the same time.
- 4:45And, and you've been on the 85,000 list a couple of times.
- 4:48Right?
- 4:49Yeah.
- 4:494 times.
- 4:50We made 8000
- 4:51Good stuff.
- 4:52Good stuff.
- 4:53Now tell me, when did you start?
- 4:55Like, why did you decide to start the Lamo leadership Institute?
- 5:01I decided to start that last year when I finished writing my book because I wrote the
- 5:09book for the person that I used to be.
- 5:13I took a class and they said, the person that you're best equipped to help is the person that
- 5:16you used to be.
- 5:16And I thought about When did I need that kind of help?
- 5:19And it was really a couple years before I started my business when I was working for one
- 5:24of the large consulting firms.
- 5:25I was at Arthur Anderson, in their government practice, and I had gotten promoted into a
- 5:29leadership position, into a as a manager, and really wasn't given much training or mentorship
- 5:36And so I decided to start the Volanda leadership Institute to provide women who are
- 5:42at that level in their careers with that leadership training, that community and network
- 5:48of other women peers in other organizations, and to provide that training and mentorship to
- 5:54women in that space?
- 5:56Well, I I think that's an interesting concept about training a woman that you boosted with.
- 6:01That that is a very powerful statement.
- 6:05Now I know in your book, Master, your mindset, you talk a lot about the power of connection.
- 6:13And Mhmm.
- 6:13But what I thought was fascinating is you say it's important to connect to oneself before you
- 6:19connect to others.
- 6:21Can you talk about this?
- 6:23Sure.
- 6:24I think in order to be an effective leader, you have to know yourself first.
- 6:30And the thing that makes people be attracted to a person as a leader is confidence.
- 6:37That's the number one characteristic that draws people to you.
- 6:41But how do you get that confidence?
- 6:43You get that by figuring yourself out by knowing yourself better by, knowing your
- 6:49strengths and your weaknesses and believing in yourself.
- 6:51And so I think it's really important to and I use the word connect as as, you know, to say
- 6:59that, to say knowing yourself, understanding how you feel, understanding how you think, in
- 7:04order to know yourself better to be a a better leader.
- 7:08What are some of the other things that you think are important when you think about
- 7:11leadership?
- 7:12Like, what other skills do people need.
- 7:14Obviously, okay.
- 7:16Being honest about who they are as a communicator and leader, okay.
- 7:19But what else do they need to know?
- 7:21Yeah.
- 7:22Well, in this book, I talk about different mindsets that are important to be an effective
- 7:26leader.
- 7:27So the book, as you mentioned, is about connecting with yourself and then connecting
- 7:30with others.
- 7:31But then within each of those sections, I talk about different specific mindsets that have to
- 7:36do with that.
- 7:36So for example, within connecting with yourself, there's getting over imposter
- 7:41syndrome.
- 7:41There's mastering your mental chatter.
- 7:44There's developing resilience.
- 7:46There's being decisive.
- 7:49And then in connecting with others, there's having empathy.
- 7:52There's, being approachable, being authentic.
- 7:55So those are all different mindset areas that I think are really important.
- 7:59Each of them is important individually, but then also collectively in order to be an
- 8:04effective leader.
- 8:06So are there specific things you think people should be doing to improve their leadership?
- 8:10Absolutely.
- 8:12I think you know, and one of the mindsets that in here is, developing a growth mindset.
- 8:17I think it's really important to always wanna be learning new things, always trying to be
- 8:21improving yourself and growing as a person and as a leader.
- 8:25And so I think it's really important to take workshops, read books, identify those areas
- 8:32that maybe you're a little bit more a little weaker in and, you know, try to improve
- 8:37yourself
- 8:39Now I know that one of the things you talk about is, you know, being authenticating and
- 8:45being transparent about your own struggles and challenges and and and fortitude.
- 8:52But should everybody know these are you?
- 8:55Or, I mean, do you do you need to pick the 2 or 3 people in your organization that needs to
- 8:59know about that time?
- 9:00You had that Ryanair and meltdown.
- 9:01I mean, you know, like, How do you Well, I
- 9:05don't think anybody needs to know about your Moriah Carey meltdown.
- 9:12I think being authentic is not about telling all of your secrets.
- 9:16It's it's about being you.
- 9:18It's about being the real you, not trying to put on a false front and pretend like you have
- 9:25no emotion or always that you're always perfect.
- 9:30It's admitting that, yeah, you make mistakes, but it's not necessarily sharing all of your,
- 9:35you know, the skeletons in your closet.
- 9:37It's a very different thing.
- 9:40Alright.
- 9:40And let's talk about imposter syndrome, because this is something that comes up a lot.
- 9:45I hear young women talk about it, but I hear seasoned women talk about imposter syndrome.
- 9:50And and this is idea that they don't deserve to be in the spot that they're in or that they
- 9:56don't deserve the opportunity, you know, that that people think they're smarter than they
- 10:01really are.
- 10:02Oh, no.
- 10:02We're somebody finds out.
- 10:03Right?
- 10:03You know?
- 10:04Yeah.
- 10:05Why do you think it's important to nip imposter syndrome in the bud?
- 10:09And what are some of the ways that you suggest people do that?
- 10:13I don't know that imposter syndrome is that you don't deserve it.
- 10:15It's that you feel like you're a fraud.
- 10:17You feel like you're not actually qualified to be in the position that you're in.
- 10:21And I think that happens a lot when people are put into new positions when they're promoted or
- 10:26they get a new job or something along those lines.
- 10:29And it's something new and different and they haven't done it before.
- 10:32So therefore, they don't feel qualified.
- 10:34They feel like a fraud, and they're they're worried that people will figure out that they
- 10:38really don't know what they're doing.
- 10:39And I think it's not necessarily a horrible thing.
- 10:42As I say in the book, Adam Grant, who is a an author of several books and a professor at
- 10:48Wharton cites a study in his new book that medical students who have imposter syndrome
- 10:55actually give better patient care than ones who are overconfident because they're worried that
- 11:01they're not as qualified, so they make sure they're doing everything right.
- 11:04So, you know, I think there's not it's not a problem to have imposter syndrome.
- 11:09It's a problem when you can't get past it.
- 11:12When you let it sabotage you.
- 11:15So I think some ways to get over it are to identify what's making you feel imposter
- 11:20syndrome.
- 11:21Is it the fact that You it's a brand new position and you don't really know what you
- 11:25what you're doing.
- 11:25You don't have experience.
- 11:26Do you think that everybody else is more educated than you?
- 11:30You know, figure out what it is that's causing you to have that imposter syndrome to feel like
- 11:34you're not qualified for whatever position you're in and then fix that situation.
- 11:38You know, if you feel like people have more knowledge than you, go take a course in the
- 11:43topic, go take a workshop, read, read a book about it.
- 11:47Read a book about it.
- 11:48Absolutely.
- 11:49Yeah.
- 11:50And then, you know, how can you stay more mindful around your self talk?
- 11:54Because isn't it your self talk that kinda talks you into impostor syndrome?
- 11:59Absolutely.
- 12:00How
- 12:00can you be more mindful about how you talk to yourself?
- 12:04Yeah.
- 12:04You you know, your self talk is kind of the key to everything.
- 12:08It's that voice in your head that's saying either, hey.
- 12:12You're doing a great job.
- 12:14Or, hey.
- 12:14You really don't know what you're doing.
- 12:16You're an imposter.
- 12:17Or, hey.
- 12:18You're really stupid or whatever.
- 12:21A lot of people have very negative self talk.
- 12:23So I think it's important to be aware of what your self talk is to really listen to yourself
- 12:29Listen to that voice in your head and identify what it's saying to you and figure out if it's
- 12:35being helpful, if it's being supportive to you or for sabotaging you.
- 12:38And if it is sabotaging you, being aware of that, so and coming up with counters, you can
- 12:43actually talk back to that voice.
- 12:45And if it starts up on you and tells you how stupid you are, you don't know what you're
- 12:49doing or whatever tell to shut up.
- 12:54Seriously.
- 12:55And some other things too.
- 12:57Right?
- 12:57Yeah.
- 12:58Well, listen, what is the best business advice that you've ever got?
- 13:04The best business advice I've ever gotten is to always keep learning new things.
- 13:09I think that's great advice.
- 13:10I think that's really, really great advice.
- 13:13And listen, I'm really so excited to dig into more of your book, because you really hit on
- 13:18some really important stuff that I think any leader at any level you know, can benefit from?
- 13:24What is your favorite podcast?
- 13:27I will say it's School of Greatness with Lewis House.
- 13:31That that's a good one.
- 13:32I I like Lewis, a lot, and that's a good podcast.
- 13:35Good stuff.
- 13:36What's your favorite app?
- 13:38I'd say Evernote.
- 13:40I keep everything in there.
- 13:42That's my go to depository or repository for notes, passwords, everything.
- 13:49Love it.
- 13:50Favorite old school marketing tip.
- 13:54My favorite old school marketing tip.
- 13:57Is to be focused to not just throw stuff against the wall and see what sticks, but to
- 14:02focus on what your key capabilities to your target customer.
- 14:07What is the best business book you've ever read?
- 14:11Best business book you've ever read?
- 14:14Besides my own, I would say it's I have so many because I read business books constantly, but
- 14:24I'll say it's decisive by Chip and Dan Heath.
- 14:28K.
- 14:28I haven't read that one.
- 14:30So interesting.
- 14:30Why do you like that book?
- 14:33It really gave me a new perspective on different ways to make effective decisions.
- 14:38And I think that's really important to being a a good leader is making of making good
- 14:43decisions.
- 14:44I agree.
- 14:45Another book that I read similar to that It's called thinking fast and slow.
- 14:51It's it's a very good book because I used to think the power of making a decision was how
- 14:56fast you made the decision.
- 14:58And it was when I went to graduate school and got my MBA at Drexel, they made, like, one of
- 15:02the first things that they made is we just put thinking fast and so on.
- 15:05I was like, I don't need that.
- 15:06And then I read this book, and I like, oh, dang.
- 15:09Like, you know, it made me completely think about things differently because the one thing
- 15:14I remember about that book was they said you gotta make sure you're you're answering the
- 15:18right question.
- 15:19And sometimes Mhmm.
- 15:20Too fast.
- 15:22You might be thinking it's this.
- 15:23When if you actually took a minute to think about it, it's this over here.
- 15:27So that so that was a very powerful message from that book.
- 15:30So I love that book.
- 15:31I I like you.
- 15:32I'm a voracious reader, but one of my favorite books is, disrupt you by Jay Salmon.
- 15:37And I love that book because he says, if you wanna disrupt the world, start by disrupting
- 15:42yourself.
- 15:42So I love that book.
- 15:44I love Jake.
- 15:45Thank you so much for being my guest.
- 15:47And if you're a woman business owner, please add Molly Gimbles new book master your mindset,
- 15:52how women leaders step up to your reading list.
- 15:55Thank you all for joining me for this episode of the Small Bridge Tap podcast If you're still
- 16:00working on your digital pivot, please take advantage of small bizlating university.
- 16:06We have 4 courses available for you to take your business to the next level, and I wanna
- 16:11invite you to check them out because everyone deserves to make the money that they've worked
- 16:16so hard for.
- 16:18So listen, a mission of small failure.
- 16:24I'm Melinda Emerson's small business lady, your host, and I will leave you with this.
- 16:28You never lose in business either you win or you won't She might have request.
- 16:35Thank you for listening to the Small Biz Chat podcast with Melinda Emerson.
- 16:40For more resources and small business success strategies, visit succeed as your own boss.com.
- 16:47Back to this podcast wherever you listen to podcasts and join us next Wednesday.